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Governor starts surety-bond assistance program

by Rick Seltzer

2/22/2012 2:40:00 PM

New York Gov. Andrew Cuomo has launched a statewide surety-bond assistance program in a bid to boost state contracting among small businesses and businesses owned by minorities and women.

The program, which Cuomo kicked off yesterday, is called the New York State Surety Bond Assistance Program. A surety bond guarantees an obligation or contract.


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